Do not be pulled by the hype of meme coins

[nyashenka]

It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.

You're right, the hype meme phenomenon continues and attracts the interest of many people. Some people are tempted to engage in meme coin speculation in hopes of making a quick profit. Many people do not have a proper understanding of the market and the assets they are buying, and as a result they often experience financial losses.

Since there is possible to make big money on speculations of meme coins they will be popular. Many people try their forces to make money on meme coins and they want profit and believe in success. Its like casino and they can not stop.

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[justdimin]

There are no differences between gambling & to invest in Meme Coin, because both of involved with high risks even you may lose everything, so don’t put large amount of money in such coins. Because it’s pretty rare to profit with meme coins investment, yeah that's right early investors can get profit in short time.

Unfortunately that is both true and yet both done by people anyways. I get that it is a terrible idea to keep on investing into these things knowing that it is not going to be profitable, because we are not really doing a good job right now. But to know that it is going to be done anyway and people will end up losing money in both of them anyway, it is really a terrible feeling.

People should be aware that they are not doing a good job and they should be ashamed to invest into any meme project. Sure there were a few people who made some profit from it, but it is such a rare thing and to be happy about it or to be benefiting from it s not a reasonable thing to approach, we should be considering it a bit differently and just stay away from them so we won't lose money.

[abel1337]

It is indeed very important not to get caught up in the coin meme hype. A successful investment requires in-depth analysis and a good understanding of the underlying coin project. Following trends without considering risks and long-term potential can result in losses. Doing research, reading reliable information and taking fundamental and technical factors into account is a wise move before making an investment decision. Avoiding getting caught up in the meme coin hype helps protect your investment and reduces unnecessary risk.

Meme hype never stop. Because people always want to earn more and some of them really think that it is simple to earn more on meme coins because they are hype. They pariticipate in speculations and very often they lose their money.

You're right, the hype meme phenomenon continues and attracts the interest of many people. Some people are tempted to engage in meme coin speculation in hopes of making a quick profit. Many people do not have a proper understanding of the market and the assets they are buying, and as a result they often experience financial losses.

Since there is possible to make big money on speculations of meme coins they will be popular. Many people try their forces to make money on meme coins and they want profit and believe in success. Its like casino and they can not stop.

I don't know if we can consider them as "degens" given that they rely on speculations and their hope on the project to get a hype and make massive profits. I believe that there are many people who see meme coins that way. In short they want a quick money on investing on a meme coin. I remeber last meme trend, I was ask by my friend who have no idea about crypo about what meme coin they should invest to get a massive profit and assurance thst they won't lose money, answered that it's a delusion to expect something like that on investing. I understand that time how some newbies see meme coins because of massive hype and influencers that flexes their profit on meme coin.

[evichi]

Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.

[deean_3one]

Don't be lured by the hype of meme coins. I agree with this statement. The hype of meme coins only gives momentary gains. Profits are made by those who are lucky to have owned the coin first. However, for those who own coins after the hype, they can only bite the bullet. Because they don't get a profit and can't even return capital.

[gurunanakji777]

Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.

[kingvirtus09]

As long as we always remember that most meme coins are very high risk, only a few of them can be said to be somehow okay for me like the Shiba inu, even if it just started for fun but in the long run it became serious it and we have seen the improvement and development made by its developer. While Pepecoin was brought by manipulators who at the same time are whale holders of pepecoins which in fact are higher risk than shiba Inu and Doge. so invest at your own risk anyway.

[shinratensei_]

Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.

thats true, if someone know how meme coin really works, they would definitely refrain from investing in meme coin when its already known by many people because at that time investment would be futile attempt, nothing but an attempt to make the early birds even richer.
its the game of early birds where if you could invest earlier you get the most out of it. so what to do against these meme coin? simple, just don't invest when you're too late, and you could easily avoid the potential lost thats usually certain for those that invests late.

[Wiwo]

Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.

I dont know why many investors take meme coins too serious to me, meme coins shouldn't be taken as an investment rather it should be taken as a gamble, since their are best for short term speculations build only on hype without any ecosystem that could provide liquidity for their long term sustenance, and more or less we can say that meme coins should be taken as just a joke, which os the original motive for their creation, dogecoin is a good example of what a joke meme coins are.

But if you know how to predict their market and are smart enough to pull out at the right time, it will help a lot in helping to make the best use of their pump mechanism, that is why we refer to meme coins as speculative assets.

[Blitzboy]

Meme coins are basically known for the hype that goes with it. Doge coin, Shiba Inu, and recently, Pepe are among the meme coins that have gained popularity in recent times and have also attracted the birth of numerous meme coins with most of them practically useless. Basically, people like to be associated with success, so it is not surprising that we see most recent meme coins with the name associated with Pepe - with most of them built to defraud or with get-rich-quick intention and usually targeted on the newbies in the crypto space. On this note, newbies who intend to invest in these meme coins, IMO, should be cautious and carry out detailed research on them as most of the meme coins are specifically built to defraud unsuspecting community members.

I dont know why many investors take meme coins too serious to me, meme coins shouldn't be taken as an investment rather it should be taken as a gamble, since their are best for short term speculations build only on hype without any ecosystem that could provide liquidity for their long term sustenance, and more or less we can say that meme coins should be taken as just a joke, which os the original motive for their creation, dogecoin is a good example of what a joke meme coins are.

But if you know how to predict their market and are smart enough to pull out at the right time, it will help a lot in helping to make the best use of their pump mechanism, that is why we refer to meme coins as speculative assets.

I agree that meme currencies are speculative, more like gambling than investing. Most of them lack a sustainable ecology and have little practical value beyond conjecture. However, aren't exceptions important? Take Dogecoin. It started as a joke but now has a community and is used for transactions. It has received support from Elon Musk.

As a buddy told me, these meme coins' unpredictability has let him make big gains quickly. He makes 10000% in a week on volatility. That being said, I admit that I havent been as successful with this investment strategy. Volatility and unpredictability are not for everyone.

[Reatim]

Good for me that I did manage to prevent from trusting Meme coin since day one , yeah there are some that truly make a great increase but majority are being pumped and dumped.
the Only meme coin that I come to trust way back is Dogecoin but that is a long time ago .

Meme coins are indeed fueled by hype and community enthusiasm. While some early investors and creators may profit, it's true that not everyone will get rich from them. Unlike other altcoins with stronger communities, meme coins often attract people looking for quick gains. It's crucial to be cautious and recognize the risks involved before jumping in. Quick money might be tempting, but it's essential to approach meme coins with a clear understanding that it's a high-risk and speculative venture.

We must be thankful that Meme season has ended and yes we are now aware of what can happen if their time continues.

[Yaunfitda]

Meme coins are indeed fueled by hype and community enthusiasm. While some early investors and creators may profit, it's true that not everyone will get rich from them. Unlike other altcoins with stronger communities, meme coins often attract people looking for quick gains. It's crucial to be cautious and recognize the risks involved before jumping in. Quick money might be tempting, but it's essential to approach meme coins with a clear understanding that it's a high-risk and speculative venture.

Only the first one to join the boat on meme coins are going to profit from it. Let's say for example $Pepe. If you are one of those who found this meme before it exploded and you see the potential and then invest early, for sure you might have a earn a ton of profits when the hype reaches its peak.

But after that, after all the selling, you might have to look for other meme coins. But that is the thing, it's very hard to found unless you are connected to the project itself. Nevertheless, I do believed that there are crypto enthusiast who really focus on meme coins and hunting them down for a quick turn around and get instant profits.

[TheUltraElite]

We must be thankful that Meme season has ended and yes we are now aware of what can happen if their time continues.

It has not ended but only became dormant. You see, these methods of scamming people has come from ICOs and their varied names like ITO/STO/IEO and other similar sounding offerings, though the basic concept has been the same, hype the crowd about some shit idea and then make them invest money in it while the investors exit and abandon the project in a pre-planned manner.

This modus should be identified by every budding investor out there and avoided at all costs. Memecoins are no less and they have only made their owners and non-owning promoters rich and never the investors.

[yohananaomi]

Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.

Many are tempted by the benefits of meme coin, but the profit is only temporary and mostly because of the hype. I completely agree that holding meme coins for the long term is a huge mistake that has been made.No one can guarantee until now that any growth from meme coins will last for a long time but will usually disappear after the project runs a few moments later.Maybe only Doge is able to last long enough because of the influence of Elon Musk, who is still fighting for it, but will it continue? Of course, it's hard for anyone to guess.

[Freddie Boyer]

Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.

I personally think the same about the meme coin you mentioned. Yes. a strong magnet may attract attention and generate short term excitement but its long term viability and potential return may be uncertain and non existent I think. My opinion, anyone here to focus on projects that demonstrate real value, innovative technology, and a strong development team. Save your money and your time, that it better.

[gabbie2010]

These meme coins ride with hype and the community and you are right about this. But I don't think they will make people rich, only early investors and their owners make money out of them. I don't think they have a strong community like other altcoins but people who want quick money will get involved in them.

Some investors just wanted to ride on with the hype of some good meme coins by investing massively in some of them after earning some quick profits on the profitable ones consequently dump it and won't bother about the ones that failed having realized some profits from all their investment both the successful ones and failed ones unfortunately some newbie investors in their bid to make quick money after being being convinced that the hyped meme coin would be very successful they just invest blindly without any plan at the end incurred losses from their failed meme coins investment, personally I rather invest on reliable Altcoins instead of some shit coins.

[ichsan ardi]

Meme coins are not your regular buy and hold kind of project. They are good for Short-term. One thing I came to understand in memecoins is that you need to act fast especially when the project start to pump really hard.
Memecoins are Short-term basis and require very little capital to dive in and possibly gain more than the  initial investment. It is very risky and can be worth it, as long as you don't put a good amount you are good.

I agree with your opinion that to enter meme coin you have to do quick research and very mature analysis to enter there and it's true that memecoin is not suitable for the long term because memecoin can be said to be just hype, don't put all your money there, buy coins that can. make it long term like bitcoin. Memecoin can be said to be gambling because it can make you rich and can make you lose all your money because the risks are very big, don't be fomo about it or follow other people on the internet, be smart, do your own research.

[MIner1448]

In the world of meme coins, at first glance, success seems to depend on hype and community size, which is highlighted by the case of Pepe. However, as history has shown, success is not guaranteed and some coins, such as Lovehateinu, fail to live up to expectations despite receiving rave reviews. But you still need to catch the peak of the hype and trade on these coins, because you can grow normally on futures if you approach each trade wisely.

[Sophokles]

Holding meme coins for the long term is a big mistake; I believe meme coins should be traded during a bull market. Meme coins generate a lot of hype, and many people are tempted to try their luck with them. Regardless of the hype surrounding any coin, it's best not to chase it blindly. Usually, early investors make profits while those who jump in later often end up with losses.

Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.

[albon]

Meme coin should not be traded in any time because the only reason it starts pumping is because someone is trying to manipulate its price. Without any usecase or services that can be helpful for the community, a meme coin can pump on its own if it's not artificially created. If you are thinking that there will be another meme coin hype then it can be your big mistake because in crypto industry usually same narrative doesn't appear in the trend and meme coin had its time in the last bull run.

The one who possesses massive capital power among the whales is the one who can move its price at will. If he wants to invest, he pumps the price; if he wants to sell, he dumps the price, affecting all holders of the meme coin who invested in it. Their decisions are not for any specific purpose or benefit the meme coin provides but rather to allow them to achieve unreasonable profits. I believe that, instead of risking capital in these shitcoins for trading or long-term investment, a person should put his funds in altcoins that are more useful and stable in the market. These altcoins offer essential features, solutions, and services needed for a massive user base. These investments are safer than memcoins, and their prices may multiply with the entry of the bull run, thanks to the valuable use cases they provide.